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Virtual conference to highlight urgency of ‘transforming’ global institutions

Two former European heads of state, two Nobel Prize laureates and a former Israeli ambassador to the United States are among the 20 speakers discussing global challenges on Nov. 9-10

Two former European heads of state, two Nobel Prize laureates and a former Israeli ambassador to the United States are among 20 academics and decision-makers set to participate in a wide-ranging Nov. 9-10 forum titled “The Future of Democratic, Economic and Political Institutions.”

The virtual event is being co-hosted by the University of Vienna, and by Tel Aviv University’s Boris Mints Institute, whose mission is developing strategic solutions to global challenges such as entrenched inequality and resurgence of both left-wing and right-wing populism.

Nobel Prize laureates Prof. Paul Romer of New York University (courtesy)

Dr. Boris Mints, the institute’s namesake, founder and president, said he hopes the landmark webinar—running from 4:00 to 6:00 p.m. each day Israel time—will “set out a radical agenda” to benefit people around the world.

“Given the rapid rate of global change, both technologically and socially, and the scale of current global challenges, there is an urgent need to transform and modernize the pillar institutions that underpin our international democratic, economic and political systems,” said Dr. Mints. “This landmark conference brings together the best minds to tackle these vital issues head-on.”

Those minds include Prof. Armen Darbinian, former Prime Minister of Armenia and now rector of the Russian-Armenian State University; and Dr. Igor Lukšić, former prime minister of Montenegro and now an associate professor at the University of Donja Gorica Podgorica.

Dr. Anat Admati (courtesy)

Prof. Yuli Tamir, president of Beit-Berl College and a former Israeli minister of immigrant absorption and education, will join the three ex-European heads of state in a Nov. 9 panel on leadership moderated by Prof. Itamar Rabinovich, Israel’s former ambassador to the United States and president-emeritus of Tel Aviv University.

Also on the first day, Rainer Nowak, chief editor of Austrian daily newspaper Die Presse, will moderate an academic panel with four political science professors: Sylvia Kritzinger and Wolfgang C. Muller of the University of Vienna; John Carey of Dartmouth College in New Hampshire; and Daniela Giannetti of the University of Bologna in Italy.

On the second day, economists and Nobel Prize laureates Prof. Paul Romer of New York University and Prof. Michael Kremer of the University of Chicago will join Stanford University’s Anat Admati in a discussion on what threatens the current world order.

Prof. Itai Sened, Dean of Tel Aviv University’s Gershon H. Gordon Faculty of Social Sciences (courtesy)

The panel will be moderated by Prof. Itai Sened, Dean of Tel Aviv University’s Gershon H. Gordon Faculty of Social Sciences. He defined the upcoming webinar a first step at addressing such issues.

“A sense of discomfort of the structure of economic and political institutions has been reflected in the literature for decades. COVID-19 and global warming have highlighted it in a way that can no longer be ignored,” said Sened, who also heads the Boris Mints Institute. “The purpose of this conference is to travel the extra mile and look more directly at the heart of the problem and see how deep we think it is, and how if at all it can be remedied.”

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